ZENBTC 4HZEN; looks like made breakout and testing and I think it is in the collection process for a new trend. The movement is strong upward for now.. Break a leg!
ZENBTC trade ideas
$ZEN, retesting & bouncing from ~78k sats support...$ZEN
Trying to get some traction after retesting & bouncing from ~78k sats support breaking descending trendline from February Highs
No UCTS Buy signal on the Daily but some are showing up on lower TFs
Aiming for an entry as low as possible w/ tight SL could be an option.
#ZEN
Horizen / ZenCash - Cup & Handle Formation on Bitcoin pairZEN is going to complete a fantastic "Cup & Handle" pattern on its pair with Bitcoin.
Fundamentals
Horizen (ZEN) Is an inclusive ecosystem built on its massively scalable blockchain platform where everyone is empowered and rewarded for their contributions.
Horizen is a blockchain technology platform that empowers users to transact and communicate securely.
The ecosystem uses advanced cryptography (zk-SNARKs) to provide users with optional privacy features.
It has strong parnership with Engeneering Universities and has Big Global Consultant Companies Partnerships
Halving is Upcoming at block number 840000 to deflate currency approx since next December
Web Reference
www.horizen.global
ZENBTCLongterm trade. Looking at the daily, currently bounced off of 61.8% Fibs. Long off double bottom on 61.8 or wait for break in downtrend and long off retest. Could day trade between resistance levels on the way up. Or sit back, kick the heels up and watch it launch to the top of the channel. Pretty decent RR.
ZEN/BTC Short-term trade with Mid-term potentialAs you can see from the graph, ZEN is in descending channel right now, however, it is showing some bullish signs. After a short-term growth ZEN is forming a triangle pattern , which break out will lead us to the first target of 9840 or 10% profit. After that, if ZEN breaks out descending channel and holds above 9600 , H&S pattern will be confirmed and will bring us to the next target of 11000 , which is more than 20% if you buy now.
Cheers, wish you to make some money on this trade!
HorizenIf this black support holds after the initial strong push up, this could be strong upside. Super bullish once breaks last high. Noted very low coin circulation, that's always a bonus
Horizen (ZEN) vs BTC*swing trade opportunity*
Bearish Divergence on the 3-day and weekly charts with Stochastic RSI heading south. 1-day chart is showing a clear trend reversal with lower highs (see below). Easy 25% drop from here as first target, 50% has potential.. need to wait and see.
daily chart
weekly chart
ZEN/BTC BULL FLAG IS SHOWNZEN CREATED DOUBLE BOTTOM AS HE CREATED LAST 3 TIMES
READY FOR THE NICE PUMP.
ZENBTC: Buy Setup with Cup and handle Pattern.ZENBTC: Buy Setup with Cup and handle Pattern.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
$ZEN, Up 150% up since November, amazing run...$ZEN
Up 150% up since November, amazing run...
UCTS Buy signal on the 3D was a perfect entry 🥰
Looking for a new test of ~131k sats prior deciding what to do...
#ZEN
Horizen Looks healthy - nice entry Horizen Looks healthy - nice entry
Targets are shows in the chart
Has anybody loked at the Binance orderbook!!??It's practically empty..
Feels like anyone with 10k could easily empty it.
This low supply quality coin is about to moon imo...
big mutha!?Is a massive inverted head and shoulders pattern going to play out its already been forming over forming for over 12 months so if it does form it will take another few months to play out but if it does playout it will the start of something big!!!!
ZEN/BTC TA Update (1 More Leg Up?)ZEN/BTC
ZEN is still following the upward trend-line of resistance from the Low 4000 sats area. The price is trading above 200 Day MA for more than 30 days already signaling us that this coin is stronger
against the bears during the BTC Dominance breakout recently. If ZEN can keep this level for a couple of days, I would expect another leg up to restest the Swing High at 11000 sats area.
ZENBTC forming a perfect Cup & Handle Longing it from 8866-8867, STOP-LOSS 1D candle close below 8866
ZEN (HORIZEN) / BTC - where you go pal ?I mine ZEN ! so its beautiful every day to get some coins ...nice privacy project :)
#9 - ZEN/BTCTrade opened today @ 0.00008220.
5 previous closed cryptotrades :
#6 : VET/USDT : Stopped : - 20.9 %.
#3 : XMR/USD : 1st half position : + 16.37 %.
2nd half position : + 19.67 %.
#2 : BCH/USD : 1st half position : + 97.85 %.
2nd half position : + 47.18 %.
#7 : THETA/BTC : Stopped : - 10.88 %.
#8 : REQ/BTC : Stopped : - 14.86 %.
